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How To Source And Import From China - Managing RiskImporting products from China is a great way to locate new business opportunities and increase profit growth. While the initial stages can be complicated, the payoff in terms of both immediate profit and long-term success is tremendous. Sourcing products from other countries, however, comes with its share of potential risks. It is recommended that first-time buyers follow certain precautions before embarking on any potential transaction. Locate The Right Product The first step is to locate a suitable product that interests you. Try to obtain as much information as possible about the demand for prospective products in your local market. Make sure that sourcing your chosen product from China is truly a cost-effective proposition. Factors like retail margins, VAT, insurance, taxes and freight and currency differences all affect the final retail price and many first-time bargain hunters end up sourcing a product at a price that is too high
Choosing a Safe Reusable Water Bottle For a Promotional ProductFor your customers' health and the health of the environment, choosing a safe reusable water bottle for a promotional product is very important. Everyone knows that the best way to go green with water is to drink it from the tap in a glass. But, that's not practical for people on the go. People on the go need something to put their water in. There are many different types of water bottles on the market. There's the regular plastic ones that you get from your grocery store or gas station. But, there are big problems with those. They are the worse kind you can choose to drink from because they are made of PET (polyethylene terephthalate), which leaks DEHP (Bis(2-ethylhexyl)phthalate) after repeated use and is a probable carcinogen. These also can harbor bacteria in the cracks and crevices, which is not good for health either. The plastic sports bottle is the next reusable water bottle, but is still not that safe. These are made out of po
Wholesale Merchandise - How to Buy Wholesale Products?Retail business success greatly depends on offering the right product, right price, and also right time. Therefore, it is significant to the accomplishment of your business to be able to locate the greatest sources for those products. As soon as you know what products you would like to promote, it's time to discover places to obtain wholesale products. Before you obtain wholesale products for your warehouse, try to visit a competitor or a store advertising a product line like to what you intend to promote. Browse the store's product selection, making a mental note of the brands they have in stock. What products seem to be selling well? Which items are in the clearance bin? If you visit a related supply too far away to be a competitor, that retailer may be willing to share with you the source of his wholesale merchandise. The internet is a very valuable part of our lives, and it is equally valuable for your business. Trade your products
The Strategies of Bargaining in China - Tips for Successful BusinessA popular saying goes around in China, "Everything in China is negotiable." Shopping, selling and buying seem like games that are played between buyers and sellers on the street stores, vendors or in the wholesale markets. However, as a rule of thumb, don't bargain at large department stores, corporate chains as the prices are fixed, and the sales persons don't have the right to modify them. In the market, everyone is out there to make money, and you have to learn the rules so as not to get something that would throw you into deep regret. 1. Opening with some basic Chinese sentences. Don't worry that it would throw you into a headache Chinese conversation. A few opening up sentences like Ni hao(Hello), Duo shao qian(How much) can put a smile on the face of the sales person and cultivate the relationship. 2. Bring a calculator with you if your Chinese is not effluent enough to carry out a conversation. Do not always think that you can c
How To Define Promotional ProductsAs a rule, promotional products are imprinted with a company's name, logo or message. They include both decorative and useful items of merchandise that can be incorporated in marketing and communication campaigns. Items are used to endorse a product, service or company agenda and can include business gifts, and awards, prizes, commemoratives and other decorated or imprinted items. Promotional products that are imprinted and distributed free are referred to as Advertising Specialties. Imprinted promotional gifts that are given as an inducement for a precise action are known as Premiums. Business gifts, awards and items that commemorate are also known as promotional products. The importance of promotional products is in their power to carry a message to a targeted audience. The products are both useful to, and appreciated by, the recipients; consequently, they are retained and used. Rewards for using promotional products Promotional products are flexible, subs